Spain reduced steel production by 2.7% y/y in 2023

During the year, Spanish steelmakers produced 11.26 million tons of steel
ArcelorMittal’s DRI project receives environmental approval in Spain

The conclusion will remain valid for several years

ArcelorMittal is considering shutting down blast furnace A at the Gijon plant

The company may stop the unit in the spring if low demand and high volume of imports from third countries persist
Spain increased steel production by 10.9% y/y in November

In January-November, Spanish steelmakers reduced steel production by 3.3% y/y
Thyssenkrupp Materials sells Spanish subsidiary

The buyer was the Spanish Arania, which is part of the Grupo Arania steel company
Spain increased rolled steel imports from third countries by 46.1% y/y in September

The export of steel products for the month fell by 20.6% y/y
ArcelorMittal signed a contract to build a new EAF in Spain

Construction work at the Gijón plant will begin in early 2024, led by the engineering company Sarralle
Spain increased steel production by 5.1% y/y in October

In January-October, Spanish steelmakers reduced steel production by 4.6% y/y
Unesid noted violations in the import of steel products for green energy

Incorrect declaration damages the economy and the local market
Spanish steelmakers increased scrap consumption by 50% y/y in August

In January-August, the consumption of scrap increased by 3.8% y/y
Spanish steelmakers are calling for the creation of an administration to manage CBAM

The industry is asking to speed up the process to regulate issues related to this mechanism
Spain increased steel production by 35.3% m/m in September

In January-September, Spanish steelmakers reduced steel production by 5.7% y/y

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